Nike Beats Estimates, but the Beat Comes With an Asterisk the Size of a $986 Million Refund
Nike reported fiscal fourth-quarter earnings of 72 cents per diluted share, a figure that included a 52-cent one-time benefit tied…
Warsh Brings His Anti-Guidance Doctrine to Sintra and Finds Four Central Bankers in Agreement
Federal Reserve Chairman Kevin Warsh made his first international appearance as Fed chair on July 1 at the European Central…
Trump’s Crypto Empire Earns $1.4 Billion in Year One, Disclosure Shows
President Donald Trump reported more than $1.4 billion in cryptocurrency-related income in his annual financial disclosure for 2025 – the…
Tariff Refunds Under Fire and EU Tax Agenda: What June’s International Tax Shifts Mean for the Global Economy
June brought a concentrated wave of international tax developments that carry real consequences for global trade, corporate strategy, and the…
IMF Unlocks $242 Million for Honduras, Signaling Renewed Confidence in Central American Monetary Policy
The International Monetary Fund has completed its third and fourth reviews under Honduras's Extended Fund Facility and Extended Credit Facility…
China’s Central Bank Holds Overnight Repo Rate at 1.25% as Monetary Policy Stays Cautious Amid Global Economy Pressures
China's central bank conducted overnight reverse repurchase operations again while keeping the rate unchanged at 1.25%, according to sources cited…
Global Economy Is Losing Its Safety Nets as IMF Chief Sounds Alarm on Shrinking Policy Buffers
Kristalina Georgieva's departure from the International Monetary Fund marks the end of a tenure defined by cascading crises - a…
Bradesco Raises Selic Forecast to 13.75%: What It Signals for Brazil’s Monetary Policy and the Global Economy
Brazil's monetary tightening cycle is gaining new momentum. Bradesco, one of the country's largest private banks, has revised its year-end…
China’s Third-Largest Chip Foundry Bets $890 Million That Mature Nodes Are Still a Winning Strategy
Nexchip Semiconductor, China's third-largest chip foundry behind only SMIC and Hua Hong, is seeking to raise up to $890 million…
Aluminum Posts Its Worst Month Since 2008 as the Iran War Premium Unwinds
Aluminum is headed for its steepest monthly loss since 2008, plummeting more than 15% in June as expectations for a…
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